TOP STORIES THIS WEEK:

Dispute Resolution Methods in Vietnam and the Advantages of Arbitration

While court trials are a common channel for settling disputes in Vietnam, the need for efficient and alternative dispute resolution methods is increasing. We note the challenges for foreign stakeholders and discuss the arbitration method.

Vietnam’s Legal Framework for Probationary Contracts: Implications for Businesses

Vietnam’s 2019 Labor Code details regulations on probationary contracts, while the 2024 Social Insurance Law reinforces associated obligations, enabling both employers and employees to fulfil their responsibilities.

Implementing the Global Minimum Tax: Details of Vietnam’s Draft Decree Guiding Resolution 107

Vietnam’s Ministry of Finance published a draft decree guiding the implementation of Resolution No. 107/2023/QH15 (“Resolution 107”) in late 2024, which discussed the application of a top-up tax under the global anti-base erosion (GloBE) rules. We note the key provisions of the Resolutions and need for more details.

Why Companies in Vietnam Choose to Restructure Their Businesses

As doing business in the Vietnam market becomes more competitive, corporate restructuring is increasingly considered a vital strategy for companies to maintain a sustainable presence, address issues in the business model, and optimize their investment outcomes.

The Regulatory Framework for Corporate Restructuring in Vietnam

Vietnam’s Enterprise Law (2020) and Investment Law (2020) establish the regulatory framework for business restructuring in the country, including mergers and acquisitions (M&A). These laws are supported by several government decrees and circulars that specify detailed procedures.

COMPLIMENTARY BUSINESS RESOURCES:

This latest issue of ASEAN Briefing magazine provides a detailed exploration of these opportunities in the Halal industry. Through country-specific analysis, regulatory insights, and actionable strategies, we examine the unique contributions of Indonesia, Malaysia, and Thailand.

Guide to Accounting and Audit in China 2025

This guide aims to walk foreign businesses through the annual audit and compliance process from start to finish, in addition to introducing China’s accounting framework in a comparative context.

UPCOMING EVENTS FOR ASIA:

Vietnam 2025: Latest FDI Updates, Key Market Trends & Economic Outlook [With The Executive Centre and Techcombank]

Seminar/Hybrid Event | Wednesday, February 26th, 2025, 4:30 PM to 7:00 PM ICT

Decoding Singapore Budget 2025: Implications for Foreign Businesses and Investors

Webinar | Wednesday, February 26, 2025, 3:00 PM Singapore / 2:00 PM Vietnam / 9:00 AM CET

Tax and Accounting in China's Digital Era: Practical Strategies for Business Advancement

Webinar | Thursday, February 27, 2025 | 4:00 PM China / 9:00 AM CET / 8:00 AM UK